Malaysians tap Indonesian cell phone firm. (30-SEP-05) UPI NewsTrack

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Malaysians tap Indonesian cell phone firm.

Publication: UPI NewsTrack

Publication Date: 30-SEP-05

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JAKARTA, Sept. 30 (UPI) -- A Malaysian state-owned investment company has paid $234 million for a stake in Indonesia's third-largest cellular concern.

Khazanah Nasional Bhd.'s newly acquired 16.82-percent stake in Indonesia's PT Excelcomindo Pratama expands its growing holdings in Indonesia, the Wall Street Journal reported Friday.

"Our stake is...

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